* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, September 3, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

    Jenny Han Dropped a Major ‘The Summer I Turned Pretty’ Easter Egg Revealing [SPOILER] – yahoo.com

    Jenny Han Just Unveiled a Huge ‘The Summer I Turned Pretty’ Easter Egg That Changes Everything [SPOILER]

    Liam Payne’s Cousin Ross Harris Honors Late Singer With Emotional Song ‘Bones’ – yahoo.com

    Liam Payne’s Cousin Ross Harris Honors Late Singer with Emotional New Song ‘Bones

    Country music star apologizes after drunken show ends with cops taking him down: ‘I’m not OK’ – PennLive.com

    Country Music Star Apologizes After Drunken Show Ends in Police Intervention: ‘I’m Not OK

    Comanche Nation Entertainment closes casino near Devol – KSWO 7News

    Comanche Nation Entertainment Closes Casino Near Devol in Surprising Move

    Erykah Badu Announces ‘Abi & Alan’ Album With The Alchemist Will Be Delayed – yahoo.com

    Erykah Badu Opens Up About the Delay of Her Highly Anticipated ‘Abi & Alan’ Album with The Alchemist

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Blockchain lender Figure Technology seeks to raise up to $526M in IPO (FIGR:Pending) – Seeking Alpha

    Blockchain Lender Figure Technology Sets Sights on $526M in Thrilling IPO Launch

    New Technology from Ramsey Theory Group Brings Diagnostic Testing and Telehealth Directly into Patients’ Homes – Yahoo Finance

    Revolutionary Ramsey Theory Technology Delivers Diagnostic Testing and Telehealth Right to Your Doorstep

    China’s CATL sells stake in Finnish subcontract car manufacturer – Reuters

    China’s CATL Sells Stake in Finnish Auto Supplier in Strategic Move

    This Secret Technology Will Make The IPhone 17 Super Thin Air – VOI.ID

    How This Breakthrough Technology Will Make the iPhone 17 Incredibly Thin and Lightweight

    Gator football kicks off with excitement and new technology – WCJB | TV20

    Gator Football Kicks Off with Thrilling Action and Innovative Technology

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

    Jenny Han Dropped a Major ‘The Summer I Turned Pretty’ Easter Egg Revealing [SPOILER] – yahoo.com

    Jenny Han Just Unveiled a Huge ‘The Summer I Turned Pretty’ Easter Egg That Changes Everything [SPOILER]

    Liam Payne’s Cousin Ross Harris Honors Late Singer With Emotional Song ‘Bones’ – yahoo.com

    Liam Payne’s Cousin Ross Harris Honors Late Singer with Emotional New Song ‘Bones

    Country music star apologizes after drunken show ends with cops taking him down: ‘I’m not OK’ – PennLive.com

    Country Music Star Apologizes After Drunken Show Ends in Police Intervention: ‘I’m Not OK

    Comanche Nation Entertainment closes casino near Devol – KSWO 7News

    Comanche Nation Entertainment Closes Casino Near Devol in Surprising Move

    Erykah Badu Announces ‘Abi & Alan’ Album With The Alchemist Will Be Delayed – yahoo.com

    Erykah Badu Opens Up About the Delay of Her Highly Anticipated ‘Abi & Alan’ Album with The Alchemist

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Blockchain lender Figure Technology seeks to raise up to $526M in IPO (FIGR:Pending) – Seeking Alpha

    Blockchain Lender Figure Technology Sets Sights on $526M in Thrilling IPO Launch

    New Technology from Ramsey Theory Group Brings Diagnostic Testing and Telehealth Directly into Patients’ Homes – Yahoo Finance

    Revolutionary Ramsey Theory Technology Delivers Diagnostic Testing and Telehealth Right to Your Doorstep

    China’s CATL sells stake in Finnish subcontract car manufacturer – Reuters

    China’s CATL Sells Stake in Finnish Auto Supplier in Strategic Move

    This Secret Technology Will Make The IPhone 17 Super Thin Air – VOI.ID

    How This Breakthrough Technology Will Make the iPhone 17 Incredibly Thin and Lightweight

    Gator football kicks off with excitement and new technology – WCJB | TV20

    Gator Football Kicks Off with Thrilling Action and Innovative Technology

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

Explainer: What is the ‘Bridgetown Initiative’ asking for at Paris financial summit?

June 21, 2023
in General
Explainer: What is the ‘Bridgetown Initiative’ asking for at Paris financial summit?
Share on FacebookShare on Twitter

[1/2]An aerial view shows the Seine River and the skyline of La Defense financial and business district near Paris, France, June 19, 2023. REUTERS/Stephanie Lecocq

PARIS, June 20 (Reuters) – President Macron hosts a summit in Paris this week to discuss reform of the world’s multilateral finance institutions in the face of climate change and other development challenges.

A key topic of discussion will be suggestions from a group of developing countries, led by Barbados, dubbed the ‘Bridgetown Initiative’.

The key demands of the Bridgetown Initiative are:

LIQUIDITY SUPPORT

U.N. member states should fast-track the transfer of $100 billion in so-called ‘Special Drawing Rights’, a monetary reserve currency, to programmes that support climate resilience and subsidise lending to low-income countries.

The International Monetary Fund should also immediately suspend surcharges – additional interest payments imposed on heavily indebted borrowing countries – for two to three years.

It should also restore “enhanced access limits” established during the COVID pandemic for two emergency financial support instruments, the Rapid Credit Facility (RCF) and Rapid Financing Instruments.

DEBT SUSTAINABILITY

G20 creditor countries should redesign their Common Framework for restructuring the debt of poor countries in default, notably by speeding up debt relief talks and allowing middle-income countries to access it.

The IMF should encourage the restructuring of unsustainable debt in a way that is consistent across countries, and change the way it analyses the debt to incentivise investments that create future savings, such as those for climate adaptation.

Public and private creditors should include disaster clauses in lending deals to allow countries to divert debt payments to disaster relief; and refinance high-interest and short-term debt with credit guarantees and longer maturities.

U.N. member states should agree to raise $100 billion a year for a fund to help pay for the climate-related loss and damage suffered by developing countries.

PRIVATE CAPITAL

The IMF and multilateral development banks should offer $100 billion a year in currency risk guarantees to help drive private sector investment in projects that would help developing countries make the transition to a low-carbon economy.

Connected to that, they should also expand their support to countries to help them create a pipeline of investable projects, and make greater use of blended finance and other structures where public lenders take on more project risk.

DEVELOPMENT LENDING

The G20 and other shareholders of the World Bank, IMF and development institutions should fully implement the 2022 recommendations of a panel of experts aimed at boosting lending by the multilateral development banks.

They should commit an extra $100 billion a year in fresh capital to the various institutions and move the Special Drawing Rights capital to multilateral development banks, starting with the African Development Bank by September 2023.

Increase the leveraging of the World Bank’s International Development Association, which provides concessional finance; fully fund its emergency support facility to $6 billion by end-2023; and scale up the IDA’s funding to $279 billion.

Raise the access limits to concessional finance through the Poverty Reduction and Growth Trust and the Resilience & Sustainability Trust.

Assess funding eligibility in light of a country’s vulnerability and provide low-cost, 50-year loans to help them invest in areas including climate resilience, water security, pandemic preparedness and access to renewable energy.

Simplify and harmonise the way countries can apply to access loans across the world, and provide more support in the process. The international financial institutions should also finance development plans that help protect shared resources.

TRADING

Groups such as the World Trade Organisation and other major trading partners should work with governments to strengthen supply chains to make them more resilient, ensure they benefit countries that produce raw materials and protect the vulnerable.

GOVERNANCE

The governmental shareholders of International Financial Institutions should change the way they are structured and run – largely by richer nations in the Global North – to make them more “inclusive and equitable”.

Reporting by Simon Jessop and Leigh Thomas; Editing by Christina Fincher

Our Standards: The Thomson Reuters Trust Principles.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Reuters – https://www.reuters.com/business/finance/what-is-bridgetown-initiative-asking-paris-financial-summit-2023-06-20/

Previous Post

Alibaba Group says Eddie Wu to succeed Daniel Zhang as CEO

Next Post

Naira Falls to 770.38/$ at Official Market

World Bank urges fresh push on economic threat of pollution – Reuters

World Bank Urges Immediate Action to Tackle the Economic Toll of Pollution

September 3, 2025
Canada’s Economy Slows, But Stops Short Of Recession – Finimize

Canada’s Economy Slows, But Stops Short Of Recession – Finimize

September 3, 2025
TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

September 3, 2025
How Trump health conspiracy theories went wild on social media – CNN

The Wild Spread of Trump Health Conspiracy Theories on Social Media

September 3, 2025
Inside the Democratic plan to recapture the House majority in 2026 – The Washington Post

Democrats’ Bold Strategy to Win Back the House Majority in 2026

September 3, 2025
Grassland ecological compensation accounting based on the flow of emergy ecological products: a case from the Qinghai Tibet region, China – Nature

Innovative Grassland Ecological Compensation Accounting Using Emergy Flow: Insights from the Qinghai-Tibet Region

September 3, 2025
Climate scientists file a public, point-by-point rebuttal of Trump admin report casting doubt on climate change – CNN

Climate Scientists Deliver a Detailed Public Rebuttal to Trump Administration’s Climate Change Doubts

September 3, 2025
Earth’s Seasons Are Out of Sync, Scientists Discover From Space – ScienceAlert

Scientists Reveal Earth’s Seasons Are Falling Out of Sync Through Space Observations

September 3, 2025
Fasting glucose improvement following a short-term, culturally adapted lifestyle intervention in Latino adults at risk for type 2 diabetes mellitus: a quasi-experimental study – BMC Nutrition

Short-Term Culturally Tailored Lifestyle Intervention Boosts Fasting Glucose in Latino Adults at Risk for Type 2 Diabetes

September 3, 2025
Blockchain lender Figure Technology seeks to raise up to $526M in IPO (FIGR:Pending) – Seeking Alpha

Blockchain Lender Figure Technology Sets Sights on $526M in Thrilling IPO Launch

September 3, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (804)
  • Economy (823)
  • Entertainment (21,703)
  • General (16,831)
  • Health (9,864)
  • Lifestyle (837)
  • News (22,149)
  • People (824)
  • Politics (831)
  • Science (16,033)
  • Sports (21,321)
  • Technology (15,803)
  • World (804)

Recent News

World Bank urges fresh push on economic threat of pollution – Reuters

World Bank Urges Immediate Action to Tackle the Economic Toll of Pollution

September 3, 2025
Canada’s Economy Slows, But Stops Short Of Recession – Finimize

Canada’s Economy Slows, But Stops Short Of Recession – Finimize

September 3, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version